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— Explanations of IFRS® and IFRIC interpretations
— Practical insights into implementation issues
— Worked-out illustrations and examples
— Case studies with solutions
— Multiple-choice questions with answers
— Extracts from published financial statements
A one-stop resource for understanding and applying current International Financial Reporting Standards
As the International Accounting Standards Board (IASB) makes rapid progress towards widespread acceptance and use of IFRS® (formerly named International Accounting Standards) worldwide, the need to understand these new standards increases. Now fully revised and updated, IFRS® Practical Implementation Guide and Workbook, Third Edition is the straightforward handbook for understanding and adapting the IFRS® standards.
This quick reference guide includes easy-to-understand IAS/IFRS®outlines, explanations, and practical insights that greatly facilitate understanding of the practical implementation issues involved in applying these complex standards.
Clearly explaining the IASB standards so that even first-time adopters of IFRS® will understand the complicated requirements, the Third Edition presents:
- Ten recently issued and revised IFRS® standards including business combinations, financial instruments and newly issued IFRS® for SMEs
- New International Financial Reporting Interpretations Committee (IFRIC) projects
- Multiple-choice questions with solutions and explanations to ensure thorough understanding of the complex IFRS®/IAS standards
- Case studies or "problems" with solutions illustrating the practical application of IFRS®/IAS
- Excerpts from published financial statements around the world
Designed with the needs of the user in mind, IFRS® Practical Implementation Guide and Workbook, Third Edition is an essential desktop reference for accountants and finance professionals, as well as a thorough review guide for the IFRS®/IAS certification exam.
- Sales Rank: #1358537 in Books
- Published on: 2011-04-05
- Original language: English
- Number of items: 1
- Dimensions: 10.85" h x 1.50" w x 8.50" l, 2.94 pounds
- Binding: Paperback
- 600 pages
Review
easy-to-understand explanations of IFRS/IAS standards indispensable guide for finance professionals, auditors, financial analysts and candidates preparing for the IFRS/IAS certification. (Finance & Management Faculty, March 2011).
About the Author
ABBAS ALI MIRZA is a Partner in Deloitte & Touche, Dubai, UAE, and a member of the firm's regional Assurance and Advisory Committee. He is Chairman of the Auditors Group of the Dubai Chamber of Commerce and Industry and was the Chairman of the Intra Governmental Working Group of Experts on International Standards on Accounting and Reporting (ISAR) at the United Nations.
GRAHAM J. HOLT is an Examiner with the Association of Chartered Certified Accountants (ACCA), and Executive Head of the Division of Accounting and Finance, Manchester Metropolitan University Business School in the UK. He is an IFRS® author and contributor to both academic publications and professional journals.
LIESEL KNORR is President of the German Accounting Standards Board and former technical director with the International Accounting Standards Board (IASB) responsible for preparing the core set of standards endorsed by the International Organization of Securities and Exchange Commission. She is the author of many technical papers.
Most helpful customer reviews
0 of 0 people found the following review helpful.
The best book on IFRS
By P KRISHNA REDDY
I purchased the two editions of this book. The first edition was acquired at the time of taking examination of certificate course on IFRS conducted by The Charterd Accountants of India almost 5 years ago. I got through the examination successfully in first attempt with good score.This book has all required content on IFRS for the practicing public accountants and also those who are in the industry. The professional accountants should keep this book always in their libraries for ready reference. I am also a practicing Chartered Accountant in the city of Hyderabad,India and I recommend this Bible to all those professional accountants and others in industry as ready reference,
The latest edition has been acquired to keep my knowledge on IFRS up to date.
2 of 2 people found the following review helpful.
Good companion for students
By Radiant
I'm an ACCA student attempting one of the Financial reporting papers and this IFRS Guide book is a really good companion to the study texts. It hightlights the basic principles underlying each standard, written in easy to understand english and the many cases and MCQs really help in understanding how/when to apply the standards. Not sure it may be good help to professionals who may need more indepth examples for complicated application issues but I will definitely recommend to every student sitting exams which requires knowledge of IASs/IFRSs. It really nails the basics and because not it isn't as lengthly as other material on IASs/IFRSs it will be good for revision.
0 of 0 people found the following review helpful.
Can't evaluate
By Lynn
I bought this for someone else who lives half a world away, so I have no way to evaluate it.
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